Authority: National Company Law Tribunal, New Delhi Court-IV
Order Date: 11 June 2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Court-IV heard multiple interlocutory applications in the ongoing corporate insolvency resolution process of Earth Buildprop Pvt Ltd. The matter was initiated under Section 7 of the Insolvency & Bankruptcy Code, 2016 (IB/1747(PB)/2018). The applications included IA(Plan)/42/ND/2025, IA/199/ND/2026, and IA/390/ND/2026.
The bench comprised Hon'ble Member (Judicial) Shri Mahendra Khandelwal and Hon'ble Member (Technical) Shri Atul Chaturvedi. Multiple legal representatives were present: for the applicant (Ms. Neeha Nagpal, Mr. Ajatshatru Singh Rawat, Adv. Nalin Dhingra, Adv. Vatsala Pandey), for the respondent (Adv. Dhruv Lamba, Adv. Neha Yadav), for the resolution professional (Adv. Sandeep Bajaj, Adv. Devanshu Jain, Adv. Shrishti Jeswani, Adv. Asmi Devrami along with RP Mr. Rakesh Gupta in person), and for the SRA (Mr. Karan Gandhi Advocate).
The tribunal noted that several other applications were pending decision, specifically IA/2890/ND/2020, IA/2131/ND/2020, IA/3962/ND/2025, IA/3967/ND/2025, IA/4510/ND/2025 and IA/4823/ND/2025.
Final Outcome
The NCLT adjourned all pending applications to 1 July 2026 for further hearing and decision. The matters remain pending without any substantive decision on the merits of the applications.
Topics: Insolvency Proceedings, Real Estate Sector